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Only 0.002% of estates pay the tax every year. Among the wealthy that are close to retirement or death, the smart ones transfer their wealth to insurance or sep
by athms 6y ago
Only 0.002% of estates pay the tax every year. Among the wealthy that are close to retirement or death, the smart ones transfer their wealth to insurance or separate entities like a foundation, limited liability company, family limited partnership, or charitable trust.
- sokoloff 6y agoThat is wrong by a factor of ~100. 0.2% of estates in 2017 paid an estate tax. [0] [0] - https://www.cbpp.org/research/federal-tax/ten-facts-you-should-know-about-the-federal-estate-tax https://www.cbpp.org/research/federal-tax/ten-facts-you-shou...